2024 MOP to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MOP to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MOP to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 22.3529. Conversely, the yearly low was recorded on May 13, dropping to 21.9397.
This high-to-low spread represents a total annual volatility of 0.4131 DJF. From a start-to-finish perspective, comparing the January average rate of 22.1004 to the December average rate of 22.2214, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.3529 was up 0.36% compared to the 2023 peak of 22.2726, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MOP to DJF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.0830, compared to 22.1717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0887 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.2618 DJF (High: 22.2089 / Low: 21.9471). On the other end, April was the most stable month, with a tight range of 0.0904 DJF (High: 22.0840 / Low: 21.9936).
Growth Streaks & Declines
TrendsBetween April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0172 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 22.1905) against the same month in 2023 (average: 22.1169), the exchange rate shifted by +0.0736 (+0.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.2086 | 22.0370 | 22.1004 |
| February | 22.1351 | 22.0409 | 22.0841 |
| March | 22.1087 | 22.0142 | 22.0693 |
| April | 22.0840 | 21.9936 | 22.0521 |
| May | 22.1662 | 21.9397 | 22.0898 |
| June | 22.2824 | 22.0259 | 22.1025 |
| July | 22.1515 | 22.0564 | 22.1127 |
| August | 22.2089 | 21.9471 | 22.1309 |
| September | 22.3141 | 22.1104 | 22.1673 |
| October | 22.2677 | 22.1154 | 22.2075 |
| November | 22.3529 | 22.1212 | 22.1905 |
| December | 22.2735 | 22.1541 | 22.2214 |